ABU DHABI / WAM Emirates Global Aluminium (EGA) on Tuesday announced that its bauxite mining project in the Republic of Guinea has reached 75 percent construction completion. The project has a total budget of approximately $1.4 billion and is being developed by EGA’s subsidiary Guinea Alumina Corporation (GAC). It is the largest greenfield investment in the West African country in ...

DUBAI / WAM A report by the Dubai Technology Entrepreneurship Campus (Dtec) revealed that the UAE ranks first in the region in terms of enterpr-ise adoption of artificial intelligence (AI) applications with an annual growth rate of 33.5 percent. Dtec is a wholly owned technology hub by Dubai Silicon Oasis Authority (DSOA). The report titled, ‘artificial intelligence adoption in enterprise ...

Emirates Business Central Bank of the UAE (CBUAE) hosted a workshop with People’s Bank of China (Central Bank of China) and the Agricultural Bank of China on “Improving the Renminbi Clearing in the UAE”. The aim of workshop was to present results ac-hieved by the RMB Clearing Centre to date, and to identify actions to be tak-en to improve arrangements ...